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left. i'm still optimistic. i think the president cannot be the one who blinks. he won the election and if we do go over the cliff or whatever we want to call it, the president has the high cards because the bush tax cuts all expire. that would save $1 trillion over ten years. so i think there's more fear and. loathe'ing on the republican side. >> impure thoughts. can the gop push back on the will of the public. >> well, it it depends on how the negotiations play out. what i point out is he gets a lot of attention, but it's simp simply a manifestation of many republican primary voters are and have been regarding tax increases. that, to me, is an important factor. and i think that if this deal or some deal, whether it's an initial deal is going to get done by the end of this year, you need to look at whether the two sides are having talks about who is going to blink first or trying to reach a win-win deal. if they are trying to sell it as a victory, we have a good chance of at least solving the tax issue heading into january. if it's about making the other guy blink or i don't want t
can get this sorted out, you can really move forward, and therefore, i think now that your elections are out of the way, i'm just speaking as an outsider, now your election is out of the way, there's going to be all this bargaining and positions, but my expectations, i hope, and the desire of the world, is sorted out, and we can move on, and then sort our own problems out. >> for those of us in the united states, we see sort of what seems to be two intractable issues. republicans saying we will not raise taxes on the top 2% of earners. the democrats say we're certainly not going to have cuts that hurt spending cuts that hurt the middle class. and as the proposals go on the table they seem intractable on it. >> they do. but you would expect them, the republicans to be more on the tax side and democrats to be more on the we're not cutting spending side. this is pretty routine type of argument. the question is, you know, are they so far apart they can't bridge the gap? i think they could bridge the gap. you know, there have been proposals put forward on a cross-party basis before that v
about even out on the campaign trail and the white house believes that, you know, the president was re-elected on that message, so the majority of americans agreed with him, and so this is really a nonstarter for democrats and for the president. they believe that the only way to really pull in revenue here is to go after wealthy americans, majority of americans won't be impacted. he wants those bush era tax cuts extended for middle class americans but believes that those upper income americans need to pay more. republicans though are resisting because they believe that what you're doing here is penalizing the very people who are the job creators, the ones who are sitting on the sidelines and won't invest, and if they have their taxes go up, they'll be impacted, won't be able to put more money into the economy, won't be able to help turn the economy around. so that really is sort of the big sticking point. the white house refusing to budge from it at this point. we'll see where it goes in the next coming days. >> topic two, that is that the president is meeting with the leaders of the national
the cliff. that's why the day after the election i tried to speed this process up by making the concession to put revenues on the table. it's unfortunate that the white house has spent three weeks doing basically nothing. >> the administration has presented a plan that calls for $1.6 trillion in new tax revenues. $400 billion in cuts to medicare and other entitlements. $50 billion for a new stimulus and congress would have to give up control over raising the debt limit. republicans have indicated that they want to raise revenue by lowering tax deductions, haven't given any specifics yet. brings us right to white house correspondent brianna keilar. good morning, brianna. >> good morning to you, soledad. yes, things are at an impasse here. i will tell you the white house after not being very happy with the pace of negotiations the week before last sent treasury secretary tim geithner up to the hill to outline this proposal. there's a lot we already knew about that president obama had already taken a public position on. the white house is now saying to republicans as well, we want you to put
cast in this election. norman yee is the official supervisor of district 7. it stretches from mount sutro to the seven cisco's to. >> a woman in a wheelchair is recovering this morning after being run over by muni try and last night. she is hit by the f market trend around 530 near the intersection of church and market streets. police are still trying to figure out if she leaned forward towards a train or she fell out of her wheelchair. as soon as people saw her and she was being dragged and trapped underneath the train. they had the is a special tool to raise the train and pull her out from underneath. she is taken a san francisco general with life-threatening injuries that she is recovering from this morning. it is seven of 11:00 a.m. and a live look outside it does not look too bad outside but it does look like it will rain. we will have details and a couple of minutes. the 715 a m and a live look here at storm tracker 4. most of this wet weather is in ukiah stretching as far as chico. it looks like is making its way closer to santa rosa. this is a slow- moving system but i do an
for the first 99 years of our state and our state constitution, local elected bodies, like city councils and school boards had the authority to raise taxes by a vote of their own council. >> right. >> prop 13 took that away from them and gave it to the people, only to the people. we also think of prop 13 as keeping grandma, grandpa in their home by capping-- >> because local jurisdictions were taxes grandma and grandpa out of their homes. >> that's right. capping at 1% the amount of property tax anyone pays on the assessed value of their home. so there are a lot of different pieces to it. the piece that i picked up is that prop 13 said to pass a special tax for schools, for example-- >> or libraries. >> or libraries or parks, two-thirds is the threshold that voters must support is for it to be enacted. we're suggesting, well, that was 35 years ago. let's revisit it and lower it to 55%. this past november, there were 27 parcel taxes for schools on the ballot. 17 passed, which means 17 got to two-thirds, but 10 did not. of those 10, seven got more than 55%, but failed because the current t
pleadly if the court denied review. activists say they feel some momentum from the november elections. >> three states legalized same sex marriage just a month ago. the tide is shifting. >> i want it to be tackled. i want to get married and i want to be married in any state. >> many people say they are happy the court will address the issue but they say they understand that the possibility the ruling may go against the very thing they are fighting for. >> opponents of same sex marriage believe the justices will see things there way. >> we are confident that the court is going to up hold the right of the people to amend their own constitution. >> the man who wrote proposition eight said the court shouldn't go against the measure that 7 million california voters approved. >>> we have much more on the court case coming up at 7:30. how the decision on same sex marriage ban could come down to one vote and the division among states on this issue and you will always find more informationon our website. >> in concord a state boarder has died after being hit by a vehicle. it happened ye
raised millions for the president's re-election. >> please join us, just don't be late. >> reporter: and politicians often reward their biggest fund-raisers. but ambassador anna wintour. privately white house sources say wintour is in the running for a plum diplomatic post, either ambassador to france or britain. wintour may not even want the job. she is, after all, the reigning queen of fashion, and queens don't have to be diplomatic. david wright, abc new, los angeles. >> she has been at "vogue" for 25 years, born in london, 63. apparently you know her quite well. >> yes, there we are. >> she's mad at you because you're not wearing a tie. >> she would be frowning upon most of the things i would wear. i have some kind of weird chest hair pattern in there. >> you have a necklace on. >> is that what it is? you are going david hasselhoff on us. >> we'll be right back. >> yeah! ♪ that's what it's for >> announcer: this is abc's "world news now," inform ñ >>> this morning on "world news now" -- moment of horror. a break in the subway death that has shocked new york. police have captu
the election i tried to speed this process up by making a concession to put revenues on the table. it's unfortunate that the white house has spent three weeks doing basically nothing. >> speaker boehner added he is flabbergasted by the administration's proposals while secretary geithner said he believes a deal can be reached by the end of the year. >>> we could find out this morning if the supreme court will take up the issue of same-sex marriage. at 9:30 eastern, the court releases its orders list. there's a possibility justices will hear cases that challenge the federal defense of marriage act or california's proposition 8, which defines marriage as strictly between a man and a woman. >>> an evacuation order remains in effect this morning in louisiana as authorities rush to secure more than 6 million pounds of improperly stored gunpowder. the m6 powder was found on property leased by explo systems. an operation is underway to move that powder to underground storage facilities on the site. so far 1 million pounds has been safely stored, enough to fill 27 18-wheelers. >> a member of t
Search Results 0 to 8 of about 9